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Ildog Co and Gator Co sell identical products on their respective websites for $400. 4 pts Bulldog Co has its own warehouse and ships products
Ildog Co and Gator Co sell identical products on their respective websites for $400. 4 pts Bulldog Co has its own warehouse and ships products directly from its warehouse to customers. The products have inventory costs of $250. Gator Co does not own any of its own inventory. Instead, it contracts with Hurricane Co, who ships products to customers directly from a warehouse owned by Hurricane Co. Hurricane Co charges Gator Co $2.50 per unit. Assume both Gator Co and Bulldog Co sell 10 units of the product. Ignore shipping costs. Select the true statement. Bulldog Co and Gator Co have the same gross profit from this transaction. O Hurricane Co is considered an "Agent" in this transaction. O Bulldog Co and Gator Co would record the same amount of revenue from this transaction. O Bulldog Co and Gator Co would record the same Cost of Goods Sold (COGS) related to this transaction Gator Co would record $4,000 in revenue related to this transaction
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